Common use of Base Salary Increase Clause in Contracts

Base Salary Increase. At each annual anniversary of the Agreement, the Base Salary shall be increased at the greater of three percent (3%), or the prior year-end annual percentage increase in EBITDA as reported in the SEC 10K filing.

Appears in 7 contracts

Sources: Employee Services Agreement (Canbiola, Inc.), Employment Agreement (Canbiola, Inc.), Employment Agreement (Canbiola, Inc.)